Question
Ford has a dual-class stock structure. The Ford family controls 40% of voting power with around 4% of total equity in the firm. Based on
Ford has a dual-class stock structure. The Ford family controls 40% of voting power with around 4% of total equity in the firm.
Based on this example, which of the following is true:
A) Classified shares are not issued with the purpose of providing super-voting rights to a certain class of investors.
B) Classified shares have super-voting rights, which give more control to a certain class of investors.
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
